Suburb Profile Report for Lake Conjola NSW (2539)

Lake Conjola House: Median price $430,000, Annual capital growth 4.88%, Number of sales 19, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

At number 3199th in the list of Australian suburbs ordered by increase in median house value over the last year, Lake Conjola, 2539 is in the BOTTOM 30% with a property value increase of -2.82% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lake Conjola has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Lake Conjola should be aiming for at least -7.48% off the asking price, which is the average vendor discount being achieved at the moment.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 6.05%, without taking into account capital value appreciation, which has been averaging out at 4.88%.

HOUSE UNIT
$430,000 N/A
-3.37% N/A
-2.82% N/A
4.88% N/A
$500 N/A
19 N/A
6.05% N/A
83.62 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 397
Median household income ($/weekly) 706
Median age of persons 59
Median housing loan repayment ($/monthly) 1250
Average household size 2.3
  • Census Count Percent(%)
    35-44 years 26 6.6
    45-54 years 51 12.9
    55-64 years 95 24.1
    65-74 years 74 18.8
    75-84 years 52 13.2
    Others 96 24.4
    Age Group
    Census Count Percent(%)
    Registered Married 211 65.3
    Not Married 87 26.9
    Defacto Relationship 25 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 351 90.2
    Indonesia 3 0.8
    New Zealand 4 1.0
    Poland 4 1.0
    United Kingdom 21 5.4
    Others 6 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 305 82.2
    No Religion 52 14.0
    Buddhism 8 2.2
    Other Religious Groups 6 1.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 36 24.0
    $600-$799 18 12.0
    $800-$999 21 14.0
    $1,250-$1,499 13 8.7
    $1,500-$1,999 18 12.0
    Others 44 29.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 212 61.6
    Employed, worked full-time 63 18.3
    Employed, worked part-time 50 14.5
    Employed, away from work 12 3.5
    Unemployed, looking for work 7 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 16 12.7
    Professionals 23 18.3
    Technicians & trades workers 21 16.7
    Clerical & administrative workers 17 13.5
    Labourers 19 15.1
    Others 30 23.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 13 33.3
    Secondary 13 33.3
    Pre-school 7 17.9
    Technical or Further Educational Institution 6 15.4
    University or other Tertiary Institutions 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 354 97.3
    House or flat attached to a shop, office 6 1.6
    Caravan, cabin, houseboat 4 1.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 111 68.1
    Being purchased 33 20.2
    Rented 19 11.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals